My Brisbane Sub-Portfolio - is 2018-2021 the years for growth?

Discussion in 'Property Market Economics' started by sash, 31st Dec, 2017.

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  1. Whitecat

    Whitecat Well-Known Member

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    That's why you are slow to get out of Melbourne and bullish on brisbane and a consistently highlight how big the drops are/will be in Sydney. :)
     
  2. sash

    sash Well-Known Member

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    Well stll have 3cin Syd 2 in Central Coast and 1 in Wollongong. Plan to sell in in nsw. Real reason iscmy lan tax liability is now about 9k...sold one earlier this year it it dropped a bit.

    For the 10 places i will have once settled and built i plan to sell 2. Even with 8 iwoul pay under 3k in land tax.

    Qld tax is now approacing 10k also.
     
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  3. Dalts

    Dalts Active Member

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    Do you have any property held in Trusts? If not, have you considered it?
     
  4. sash

    sash Well-Known Member

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    Nope...yes I have ...but the cost of maintaining them can be large.

    A lot of people have been stuffed because they did not consider the implications of holding under a trust.
     
  5. Dalts

    Dalts Active Member

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    I guess it comes down to whether you want to pay your accountant or the QLD government then hey :p
     
  6. sash

    sash Well-Known Member

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    Maybe...to get rid of the Qld govt...you can sell..but a trust is trickier....